Read the scenario and enter you answer as a whole number wit…

Read the scenario and enter you answer as a whole number with proper positive/negative annotation.  Linda sells 100 bottles of homemade ketchup for $10 each. The cost of the ingredients, the bottles, and the labels was $700. In addition, it took her 20 hours to make the ketchup, and to do so she took time off from a job that paid her $20 per hour. Linda’s economic profit is?

Assume that the demand for a product is given by the equatio…

Assume that the demand for a product is given by the equation: The demand equation is:P = 100 – 5Qd The supply equation is:P = 20 + 5Qs Using the equilibrium condition  solve the equations to find the equilibrium quantity. Enter you answer as to the nearest hundredth (0.00) number with no annotations